What is Supplementary or Voluntary life insurance?
Supplementary or Voluntary life insurance is the amount of optional life insurance coverage your employer offers you. You elect whether or not to enroll for supplementary life insurance coverage.
Supplementary life insurance benefits are paid to your beneficiary if you die while coverage is in effect. Some plans do not provide benefits if you die from certain causes, such as war or injury while you are committing a felony.
* Case Studies are for illustrative purposes only. Services, timeframes and results may vary.